Tata Consumer Products Ltd.

BSE: 500800 | NSE: TATACONSUM
Large Cap | Tea/Coffee
1187.70
-1.20 (-0.10%)
< Home < Back

Tata Global Beverages gains on raising Rs 325 crore through issue of NCDs

Date: 28-10-2013

Tata Global Beverages is currently trading at Rs. 164.50, up by 0.70 points or 0.43% from its previous closing of Rs. 163.80 on the BSE.

The scrip opened at Rs. 164.10 and has touched a high and low of Rs. 165.95 and Rs. 163.50 respectively. So far 42639 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 181.70 on 15-Nov-2012 and a 52 week low of Rs. 122.00 on 26-Mar-2013.

Last one week high and low of the scrip stood at Rs. 168.40 and Rs. 157.10 respectively. The current market cap of the company is Rs. 10206.67 crore.

The promoters holding in the company stood at 35.10% while Institutions and Non-Institutions held 37.51% and 25.96% respectively.

Tata Global Beverages has raised a sum of Rs 325 crore by the issue of 3% Secured Redeemable Non Convertible Debentures (NCD) by way of private placement. The said NCDs will be listed on the wholesale debt market segment of the National Stock Exchange of India (NSE). The NCDs are redeemable after a period of three years with redemption premium.

Tata Global Beverages, formerly known as Tata Tea, is a multinational non-alcoholic Beverages Company headquartered in Kolkata, West Bengal, India and a subsidiary of the Tata Group. It is the world's second-largest manufacturer and distributor of tea. Tata Global Beverages markets tea under the major brands Tata Tea, Tetley, Good Earth Teas and JEMCA.